Turkey’s Central Bank Set to Launch State-Backed Digital Currency in 2023
Turkey has embraced central bank digital currencies (CBDC) after several months of deliberating over them. Now, the results are in, and the Central Bank of the Republic of Turkey (CBRT) has confirmed that it is eyeing a 2023 launch for the digital iteration of the lira. The announcement was revealed in Turkey’s Presidential Annual Program for 2023, with the […]
Crypto Payments Set to Soar with ME Jets & HAYVN
HAYVN – a globally regulated digital asset focused financial institution, have partnered with ME Jets, the Middle East’s only women-operated luxury jet charter. Adding to an already impressive portfolio of clients. HAYVN’s latest acquisition demonstrates their commitment to deliver the best results possible for their clients and network. Amy Spicer and Lucy Redknapp, leaders at […]
Binance Launches Its Bahrain Platform
Cryptocurrency firm Binance today announced the launch of its Bahrain platform. The crypto platform, however, was required to complete the entire application procedure in order to obtain a legal license. Binancians received a message stating the following: Following receipt of its license as a Crypto Asset Service Provider (CASP) in May 2022, Binance launches its […]
Phoenix Technology Eyes Global Expansion and Announces an Investment of $300 Million
● Carl Agren appointed as the new CEO of Phoenix Technology● Agren joins with plans to expand the company’s operations to new markets globally● Phoenix Technology signs an agreement, becoming the exclusive sales partner of WhatsMiner in the region● $300 million investment for acquiring, developing, maintaining, and operating sites around the globe Phoenix Technology, one […]
Q9 Awarded Dubai VARA Provisional Approval to Expand Crypto Investment Products in a Regulated Environment
Q9 Capital, a leading crypto investment platform, announced that it has received a provisional virtual asset (VA) approval from Dubai’s Virtual Asset Regulatory Authority (VARA) as it expands into the UAE and applies for the full operating license in accordance with VARA requirements. Q9 aims to make a meaningful contribution to the VARA ecosystem as an engine for […]
The central bank of UAE completes first real-value cross-border payment transactions
The Central Bank of the UAE (CBUAE) has completed the first and the largest scale pilot of central bank digital currencies, being used by 20 commercial banks for real-value transactions on behalf of their corporate clients across borders, as part of “Project mBridge”. The project is implemented in cooperation with the Hong Kong Monetary Authority, […]
1 MONTH TO GO for Agora’s 10th Global Blockchain Congress on November 23rd and 24th in Dubai
The 10th GBC is a celebration of the combined influence of our staff, our clients, our partners, and all the investors who continue to demonstrate their solid faith in the future of Blockchain. This edition’s main themes are: Digital Assets’ Regulations in the GCC, Web3 Platforms, Metaverse, Gaming, & NFTs. The event is a closed […]
Tumbling Countries in the MENA Region Emerge as Leaders in Crypto Adoption
There is no doubt that the crypto space has seen better days, for the harsh crypto winter has been blowing its cold wind all year long. However, Chainalysis report entitled ‘The 2022 Geography of Cryptocurrency Report’, revealed that the global adoption of cryptocurrency has slowed down less than expected. In fact, global adoption of cryptocurrency […]
Million: A Revolutionizing SocialFi Giving the Digital Community a One in a Million Opportunity
Million, a new SocialFi platform, is planning on scaling the heights of the content creation space in the Middle East with its innovative and distinctive features. Launching in January 2023, Million is a social media application that intertwines the community, the creator economy and the emergence of Web 3.0. In fact, it is a decentralized […]
London is the Next Station for The Internationally Overarching Blockchain Summit
As the Most Prodigious and the Largest Blockchain & Crypto Conferences Hub, Blockchain Economy Summit has just successfully finished its Most Global Blockchain Event Ever in Dubai, UAE on 4-5 October, 2022 with more than 3000 profoundly gratified attendees from 74 countries all over the world. Blockchain Economy Dubai Summit hosted dozens of sponsors like […]